FCS Southwest Finally Reveals Cost of Massive Loan Fraud
Mismanagement results in nearly $50 million in losses for a troubled FCS lender.
Tag: Farm Credit System
SNL Article Spotlights Farm Credit System Abuses
An article yesterday in SNL Financial shone a spotlight on the Farm Credit System’s “dangerous and abused advantages” and the ...
Regulatory Review Meeting Focuses on Rural Bank Burdens
Rural banks face a number of challenges that are compounded by unnecessary, outdated and excessively burdensome regulations, Comptroller of the ...
FCS Continues to Report Misleading YBS Lending Data
FCS data show that the system's lending to young, beginning and small farmers and ranchers is merely lip service.
Washington Examiner Takes Skeptical Look at FCS
The Washington Examiner today took a skeptical look at the growth of the Farm Credit System and its tax-advantaged GSE ...
ABA Opposes Farmer Mac Governance Reshuffle
ABA yesterday urged the Farm Credit Administration to withdraw a proposed change to the governance structure of Farmer Mac that ...
CoBank Does It Again and Lends to Investor-Owned Water Company
Farm Credit System lenders are not just lending to large, investor-owned utilities – they're bragging about it.
ABA Ag Expert Highlights Roles of All-Size Banks in Serving Farmers
It takes banks of all sizes to meet the needs of America’s agricultural producers, newly appointed ABA SVP Steve Apodaca ...
CoBank Gets More Aggressive in Lending Outside Its Charter
CoBank, the Farm Credit System’s sole authorized lender to utility and agricultural cooperatives, has ranged further afield in lending to ...
Congressman Seeks GAO Audit of Farm Credit System
Rep. Marlin Stutzman (R-Ind.) on Friday wrote to the Government Accountability Office to request an audit and study of the ...
